essentialone:
2023 Year of Surprises
*15 Best Performing Stocks in NGX YtD.* 🙄
How many of them are breathing well in your portfolio?

1. International Energy Insurance (+211.00%)
2. Tripple Gee & Co (+129.00%)
6. Geregu Power Plc (+46.10%)

yMcy56:

GEREGU has delivered over +110%..........

Geregu is a Genco company and can't be compared with Transcorp, which is Discos.
Can remember someone comparing Transcorp with Geregu, the don't belong to same category.....
It's just like Comparing Seplat with Conoil or MRS.......same Sector.bit not same category....
That's my understanding of it.

yMcy56:

GEREGU has delivered over +110%..........

Geregu is a Genco company and can't be compared with Transcorp, which is Discos.
- Can remember someone comparing Transcorp with Geregu, they don't belong to same category.....
It's just like Comparing Seplat with Conoil or MRS.......same Sector but not same category....
That's my understanding of it.

sophy17:
Transcorp Power is a genco. They own Ughelli, Delta State 972 power plant.
Transcorp owns Afam 966MW power plant in Rivers State since 2020.

essentialone:
Yes Geregu has been growing since last year it was listed. This year alone, it has gained 46% again.

iby2000:
Which best Stock broker in Nigeria for trading can anyone recommend.? I heard Morgan is okay.
I am really tired of this ARM stock broking firm.. 😒

yMcy56:

Has Transcorp Power Ltd started generating power? ..,..because I didn't see it in the list of the active Gencos.....and I'm just aware of their successful bids and all that; but that Transcorp is a distribution company so far.

If Transcorp is a Genco, then what's the issue with them?
Could it be that there's the need to separate Transcorp Power from the Transcorp group then?

dapix:
CONOIL on full offer

sophy17:
All the power plants in the Country have been generating power but below their capacities while the fg keep spending money on them, hence the decision to privatize them by selling them to prefered bidders. They are still struggling to generate adequate power to the National grid and even to maintain the power they generate. Transcorp Plc is a conglomerate with diverse biz interest including Power generation and it is listed but Transcorp Power is not. Transcorp plc may have stakes in Transcorp power. Discos Such as Ikeja Electric, Eko Electric, Ibadan distribution co etc buy power from gencos and distribute/sell to consumers.

yMcy56:

GEREGU has delivered over +110%..........

Geregu is a Genco company and can't be compared with Transcorp, which is Discos.
- Can remember someone comparing Transcorp with Geregu, they don't belong to same category.....
It's just like Comparing Seplat with Conoil or MRS.......same Sector but not same category....
That's my understanding of it.

Mpeace:
Transcorp energy arm is a very big Genco. They are not a disco.

yMcy56:

Thanks. Will do more readings on this.

Mpeace:
transcorp generating capacity(atleast two generating plants) is about 4times that of geregu

yMcy56:

It means something is not right somewhere with Transcorp Plc, or maybe it has to do with the total issued share capital or so.

Mpeace:
The thing baffles me sometimes. But we just dey inside the bus dey wait and see.
Geregu OS is about 2.5billion
Transcorp OS is about 40billion

egwue:
My Seniors in this forum,
Will it be wise to invest in International Brewery shares at the current price? What are the prospects of the company in medium/long term?
Any advise will be highly appreciated.

yMcy56:

* I'm not senior or expert o.......but since we have entered earning season, you may have to consider the companies paying dividend for now.

* You may revisit IB after the earning season.....
One of the Ogas gave a good entry price of 4.00/4.20 and below, it may get there or not......all depends on Mr. Market.

** Also note that.unexpected do happen in this market, good news sometimes comes in to distort the charts and the Ogas candles. It's just my take on your question.

Mpeace:
The thing baffles me sometimes. But we just dey inside the bus dey wait and see.

Geregu OS is about 2.5billion
Transcorp OS is about 40billion

yMcy56:
Profit takers really dealt with Fidelity o. Kilode?
After they depress the price, they'll come back to pick again....Weird market.
We see what Fidelity is coming up with anyway.


Meanwhile, here's OANDO press release.......
* Filing of Scheme of Arrangement case adjourned to 30th March, 2023...
https://doclib.ngxgroup.com/Financial_NewsDocs/37648_OANDO_PLC%20OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_FEBRU.pdf

Ginalex:
this has been removed. Can you please resend

yMcy56:



@Hogwarthtrades thanks for the link. Will try and go thru it.

goody234:
Nobody is talking about livingtrust i have made 182.30% on my shares any news on this bank ...i am twitching to sell

Hogwarthtrades:

Hey @OBAGADAFFI @yMcy56
Go through links of Annual reports below for estimate holding of Transcorp plc in its energy (oil exploration) , hospitality (transcorp hotel),etc sectors.
I.2022 annual report page 120 https://transcorpgroup.com/wp-content/uploads/2022/04/2022-ANNUAL-REPORT-AND-FINANCIAL-STATEMENTS.pdf you will see its vested interest in all its subsidiaries
II.2020 annual report [url] https://transcorpgroup.com/wp-content/uploads/2021/04/Transcorp-2020-Annual-Report.pdf[/url] page 92-93 same thing.
III. This is my bias/conviction speaking, take with a boatload of salt. Love this stock, hoping in the next 5 years ,I can continually increase my position to at least 7-8 figures holding for long term (at least a decade aka by the end of 2 terms of any govt. in power) for growth and dividend . It's has been and still is undervalued, outstanding shares is a blessing and a slight challenge depends on wht lens you see it from.It will probably be for another 5 years at this rate. Slow yet steady growth in the horizon of all sectors it is invested in.

Hope this age like wine not milk

sophy17:



Transcorp Power is a genco. They own Ughelli, Delta State 972 power plant.
Transcorp owns Afam 966MW power plant in Rivers State since 2020. Transcorp Power is different from Transcorp Plc. Transcorp Plc is listed. I am not sure any Disco is listed.